This Blog helps in disseminating FREE information related to Stock/Share Markets (domestic and overseas), Finance/Investments & Current Affairs. The content of this blog is for information purpose only - not recommendations, to Buy or Sell Securities.
The data used here, is derived from the sources, deemed to be reliable, but their accuracy and completeness is not guaranteed. The author is not responsible for any loss in investments made, based on the inputs provided here - 28th May, 2006.

Discrimination faced by Mumbaikars...

If the housing societies in Mumbai (Bombay) are only meant for families (married couples), then the government of Maharashtra should make marriage compulsory in the state/city.

Or else the government should tell its citizens where will Unmarried, Divorcees, Bachelors, Spinsters live in the city of skyscrapers or is Bombay only for those who have families.

This is one of the greatest mental blocks of Mumbaikars, who otherwise want to bask in the FALSE HALO of Cosmopolitanism.

This disease (of not giving apartments to Bachelors, Muslims, etc on rent) is specially prevalent in housing societies where the Gujaratis, Marathis and North Indians (to some extent) abound; while the rest of the population is more or less okay with the concept.

The government of Maharashtra should take this matter seriously and devise laws to eradicate this malice ASAP, so that BOMBAY (and its suburbs) becomes free of discrimination based on Marital Status, Religion, etc. Or else the Honourable Supreme Court of India should step in, and give directions to the state or central governments -- so that the fundamental rights of its citizens enshrined in the constitution of India is not violated.

Wednesday, March 04, 2015

WINNING STROKES: THINK DIFFERENT

Western India Shipyard Ltd hit another buyer freeze at Rs.3.96, as the scrip made a new 52-week high today. Recently there were some media reports that the $17-billion Mahindra Group, is said to have initiated talks with ABG Shipyard to acquire a large strategic stake in the maker of naval ships and vessels. ABG Shipyard Ltd holds 53.14% shares of Western India Shipyard Ltd. If you remember, the stock was repeatedly recommended in this blog and was asked to average in all declines.

My recommended UCO Bank Ltd recommended around Rs.69-70 today touched Rs.77, before falling to Rs.71.35 at the end of the day. With the interest rate trajectory set to reverse, the stocks in the banking space are expected to do well.

My recommended Rasoya Proteins Ltd hit another buyer freeze in the BSE at Re.0.49. This stock however, if for the high risk traders and investors.

GMR Infrastructure Ltd today touched Rs.18, before going for a late sale to settle at Rs.17.20. The company has come up with Rights Issue at Rs.15. Moreover, one the group companies has already bagged a coal block. Moreover, Mandakini mine (for power sector) in Odisha and Meral mine (for non-power sector) in Jharkhand are on auction on Thursday. The companies in the race for Mandakini mine are Adani Power Ltd, Adani Power Maharashtra Ltd, GMR Mining and Energy Pvt Ltd, Jindal Power Ltd, Mandakini Exploration and Mining Ltd and Wigeon Commotrade Pvt Ltd.

Genera Agri Crop Ltd, which is a Corporate Farming company in India with farm business (The farms are spread across Andhra Pradesh, Tamilnadu and Maharastra.) model that entails enrolling the farm lands on lease basis and support the farmers with technical and managerial inputs for successfully running farming as a business enterprise, has a book value of Rs.76.45 and asset base of Rs.75.35 Cr, but has a market cap of only Rs.3.79 Cr hit the Upper Circuits today at Rs.4.23 before closing at Rs.4.17. The stock generated a volume of around 16, 000 in the BSE and the percentage of Deliverable Quantity to Traded Quantity was 100%. The scrip is expected to double from here--stay invested.

Jaiprakash Associates Ltd today touched Rs.28.90 (Upper Circuits) before closing at Rs.27.95 in the BSE. The scrip if you remember was recommended around Rs.25-25.50 only some days back. The investors can also look for Jaypee Infrastructure Ltd at Rs.20.20. Jaypee Infratech Ltd is the "Cash Cow" of the Jaypee Group. Jaiprakash Power Ventures Ltd also today moved to Rs.15.95, before settling at Rs.12.31. The Jaiprakash Group is likely to complete the sale proceeds of its plants within a couple of months.

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